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While extortion continues to drive the work of cyber adversaries, organizations are restoring from attacks faster and making ransom payments less frequently than in years past, the data and security experts said.
BakerHostetler Expands Cybersecurity Practice With Addition of Former Federal Cybercrime Prosecutor Edward J. McAndrew.
In its annual Data Security and Incident Response report, law firm BakerHosteler said the average ransom payment of its clients who experienced a ransomware attack declined as the average time it takes negotiating ransoms increased.
GuidePoint Security data shows ransomware attacks increased in 2022 over the same period in 2021, despite the Russian invasion of Ukraine.
How a CISO prepares for and responds to a ransomware attack can have huge consequences should customers or partners decide to sue.